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The Japan Mobility Show in Tokyo showcased personal mobility devices and electric vehicles (EVs), with Japanese automakers like Honda and Suzuki presenting their visions of an electric future. Japanese automakers and car buyers have been slow to embrace EVs, but an unlikely domestic winner offers insight into how EVs can evolve for different markets. Meanwhile, Tesla's stock finished down 1.89% to $212.42, and Hertz announced it is scaling back its EV plans due to Tesla price cuts and high repair costs.
Tesla $TSLA is now back under $200 https://t.co/wrLAFZQOoG
Hertz is scaling back its EV ambitions because its Teslas keep getting damaged https://t.co/MiNaUnoWki
‘Overcharged’: Major Study Reveals Alarming True Cost of Owning an EV, ‘Fueling’ Equal to $17.33 Per Gallon via @gatewaypundit https://t.co/TNN8c3tQJI
Here’s the reality: If you’re thinking of buying an EV (that’s not a Tesla) and can wait a bit, the deals are only going to get better. The market is way oversupplied right now.
Car Companies Are Suddenly Super Worried About the Future of EVs https://t.co/q1zA7Swtqn
Japan’s automakers are keeping sports cars alive in the EV era https://t.co/EBgUH9mYwr
Ford announced that they’re pausing a $12 billion investment in electric cars because of declining demand and that they’re losing $36,000 for every EV they sell Good thing the Biden administration just gave them $9.2 billion to build EV batteries! https://t.co/46JEQa4t8S
Tesla, EV Investors Face a Reckoning https://t.co/bNKB9zbgBJ https://t.co/5s66NaokjE
2 years ago, the 2 economic arguments to buy an EV were (1) lower fueling costs, (2) less moving parts => lower repair costs. #2 has been destroyed. Hertz says repair costs on its 35k-unit Tesla fleet are 2x ICE cars. Plus battery packs die before rest of car. ~$20k to replace.
Hertz bought a bunch of Teslas, and the economics seem to be kind of terrible for them. The value of the cars has fallen more than they'd expected, and also repair costs for them are higher than for normal ICE cars https://t.co/Y2Dul5nmxi https://t.co/0pBkqc4FzU
Electric-vehicle maker Tesla raised prices on one of its Model Y vehicles. Also, Ford is delaying capital spending on EVs. https://t.co/7YfsIoWYQt
Hertz is scaling back its EV ambitions because its Teslas keep getting damaged https://t.co/N4JNhgZmjW
Every construction worker/contractor I’ve asked has told me the same thing. They want an EV truck. It would increase their incomes by up to 20% they drive so much. This market is ripe. $F $TSLA $RIVN #tesla #cybertruck
Japan’s automakers are keeping sports cars alive in the EV era https://t.co/763JbtvUh4
"Hertz pulls back on EV plans citing Tesla price cuts, high repair costs" https://t.co/EguLM16KHP I don't see "high repair costs" anywhere in Tesla's website "savings calculator" But hey, maybe Hertz's experience is a fluke... I mean, they only operate ***35,000*** of them!
"Hertz pulls back on EV plans citing Tesla price cuts, high repair costs" https://t.co/jjjx68Yhy0
$F | Ford Pauses $12B Electric Vehicle Investment Amid High Costs
Major automakers in Asia should shed more light on the competitive landscape for electric vehicles https://t.co/x9biBYya3Y
Kind of funny the relentless price cutting at $TSLA has hurt $HTZ more than it hurt Tesla..... https://t.co/lrw4rhNmVT
Toyota, Honda and other Japanese carmakers are following in Tesla's footsteps and starting to embrace a disruptive technology in the shift to EVs: gigacasting https://t.co/4BFlutg0Bx
Ford delays $12B in EV investments as automaker wrestles with demand: https://t.co/yPaLzxyOBr by TechCrunch #infosec #cybersecurity #technology #news
Ford delays $12B in EV investments as automaker wrestles with demand https://t.co/damj3g9eL6 by @rebeccabellan
Ford will postpone about $12 billion in EV investment as buyers become more cautious https://t.co/ox546hbgL3
$TSLA Hertz pulls back on EV plans citing Tesla price cuts, high repair costs https://t.co/60tz0iL9Sa
Hertz pulls back on EV plans citing Tesla price cuts, high repair costs https://t.co/ZDwuehIaDf
Hertz pulls back on EV plans citing Tesla price cuts, high repair costs https://t.co/X6AA5XnV7B
$TSLA finishes down 3.14% to $205.76
*Hertz: Tesla Price Cuts Lowered Value of Its Electric Fleet by One-Third
$TSLA 🔸 TESLA SHARES DOWN 2.1%
EVs are a financial car wreck: Taxpayers subsidize EV charging at a rate equivalent to $17.33 per gallon of gasoline. https://t.co/4M8wcLNr3l https://t.co/F0taCGBaIf
Personal mobility devices and electric vehicles took center stage at the Japan Mobility Show, as Japanese automakers like Honda and Suzuki displayed their visions of an electric future https://t.co/YxTkeo0wdt
Japan Mobility Show Returns With Carmakers Vying to Show Off Future EVs https://t.co/SQ1X4r1YvG
📸 Pictures from the Japan Mobility Show in Tokyo, where products on display include personal mobility devices, a giant human-piloted robot, a flying vehicle, and concept cars by several manufacturers https://t.co/0XFdPn89Bk
📸 Pictures from the Japan Mobility Show in Tokyo, where products on display include personal mobility devices, a giant human-piloted robot, a flying vehicle, and concept cars by several manufacturers https://t.co/AKzp6Wjnxy
Personal mobility devices and electric vehicles took center stage at the Japan Mobility Show, as Japanese automakers like Honda and Suzuki displayed their visions of an electric future https://t.co/8mglOPvg7u
$TSLA finishes down 1.89% to $212.42
Cars and concepts at the Japan Mobility Show https://t.co/nQRrH8W70j https://t.co/55TqzorwXP
The average model year 2021 EV would cost approximately $48,698 more to own over a 10-year period without the staggering $22 billion in taxpayer-funded handouts that the government provides to electric car manufacturers and owners. https://t.co/4M8wcLNr3l https://t.co/Ds1H2ERZbA
Japanese automakers and car buyers have earned a reputation for being slow to embrace the shift to electric vehicless, but an unlikely domestic winner offers a hint of how EVs can evolve to suit different markets https://t.co/HTaRmk5Ib8
Japanese automakers and car buyers have earned a reputation for being slow to embrace the shift to electric vehicless, but an unlikely domestic winner offers a hint of how EVs can evolve to suit different markets https://t.co/3MgKwd1wHi
$TSLA is up almost 3% this morning
WATCH: A race is on to certify battery health and performance of used electric vehicles, with a clutch of startups scrambling to help buyers figure out how much a secondhand EV is really worth https://t.co/LYfwoaSfMe https://t.co/loZFeLISB5
How much is your used electric vehicle really worth? There is a race among startups to help buyers figure that out https://t.co/0IWg0vVoAV https://t.co/0GDGBneOJM
WATCH: How much is your used electric vehicle really worth? There is a race among startups to help buyers figure that out https://t.co/LYfwoaRHWG https://t.co/aPOVjxlOA0